In my opinion, is a fantastic job! we are in charge of many items, all the steps involved in a transaction, is a fantastic way to create good rapport with everybody involved in the transaction, is a great way to release our agent's from all the administrative duties facilitating the process and the closing on time of the transaction and more. Transaction coordinators are very busy & proactive people!
Excellent information. I am licensed as a Real Estate agent in NC but will move back to Florida in the near future. Rather than pursue a real estate career, I will most likely look into transaction coordination for other agents. Thanks for the helpful information.
Hi Pat. I'm a paralegal and TC here in Central Florida. I hope you made your transition back to the Sunshine State. My firm would love to meet and see if we can do some business.
Yes, Agents should pay this if they are not good at paper work, however, they should not pass this onto the buyer or seller as their percentage is high income already.
They’re not supposed to pass it on to the buyer or seller. It comes out of the realtor’s commission. That’s also why if a deal falls through and the realtor earns nothing, the transaction coordinator earns nothing.
Been wanting to get into this for SO long now, but have no idea where to start. I see training opportunities that are CRAZY costs .. where can I go to get proper training, that wont break the bank ?
We have a really great video about this. Here's the link: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-KdgdZGnZ91Y.html To try my best and summarize EVERYTHING in this video, you will want to start getting in touch with everyone in your immediate sphere of influence. Start collecting contacts and putting them in your database. Be sure to start scheduling face-to-face interaction with people, like small coffee dates where you can catch up. Be sure to let everyone know you're a real estate agent and you're excited about it! The name of the game is constant contact with folks you know and don't. We're also releasing a new course that trains agents on how to start building consistent, good contacts and how to help someone through the entire transaction experience. Will let you know when it's released!